November 28 2022 at 03:00AM
Earning Power: Project Management Salary Survey
PMI's biennial report, Earning Power: Project Management Salary Survey, is an industry-leading source of data for both project practitioners and organizations who want to stay current with the salary landscape for today's project professionals. The members of the PMI have unrestricted access to the document, as non-members can view the highlights only.
The survey was made with the participation of 30000+ professionals from 40 countries around the globe, and there were interesting facts. The comprehensive report demonstrates annualized salary information across each of the following variables within the country:
- Position description
- Years of work experience
- Years worked in project management
- Highest formal education level obtained
- Degree in project management
- PMP status
- Gender
- Department/Function
- Industry
- Number of employees in the entire organization
- Average project team size
- Typical project budget
The report available to PMI members also includes reported salary increases over the past 12 months and expected salary increases over the next 12 months, as well as information on employee benefits.
According to the findings, despite the impact of the COVID-19 pandemic, there was an increase in total compensation. The respondents holding PMP certification reported higher earnings increases. However, the percentage of increase varies considerably from country to country. The countries where project professionals reported the highest median salaries are Switzerland, the United States, Australia, Germany, and the Netherlands.
Here are some other facts about the Netherlands:
- Annualized salary increases significantly based on the years of experience.
- The effect of having a PMP certification over the salary is less significant compared to other countries.
- Annualized salary increases parallel to the position from Project Manager to Program Manager up to Portfolio Manager.
- Salaries are directly proportional to the team sizes.
The information in the report will help you with your evaluation of your current conditions and your future expectations. Please feel free to download the entire report from the below link for your own review.
https://www.pmi.org/learning/careers/project-management-salary-survey